Header cover image

Japanese (NIKKEI) Residential REITs Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies6
  • 7D-1.5%
  • 3M-6.0%
  • 1Y-11.3%
  • YTDn/a

The Residential REITs industry has been flat over the last week, but Kenedix Residential Next Investment has lost 5.5%. Unfortunately though, the industry is down 11% over the past 12 months. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

Has the Japanese Residential REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024JP¥1.4tJP¥128.7bJP¥54.4b24.3x25.6x10.8x
Sun, 23 Jun 2024JP¥1.4tJP¥128.7bJP¥54.4b24.8x25.9x10.9x
Tue, 21 May 2024JP¥1.5tJP¥127.0bJP¥53.1b27.2x28.1x11.7x
Thu, 18 Apr 2024JP¥1.5tJP¥120.9bJP¥50.7b29.4x28.6x12x
Sat, 16 Mar 2024JP¥1.4tJP¥126.2bJP¥52.6b25x25.9x10.8x
Mon, 12 Feb 2024JP¥1.4tJP¥126.2bJP¥52.6b25.4x26.3x11x
Wed, 10 Jan 2024JP¥1.6tJP¥146.3bJP¥61.7b24.8x26.5x11.2x
Fri, 08 Dec 2023JP¥1.7tJP¥147.0bJP¥61.9b24.8x26.7x11.2x
Sun, 05 Nov 2023JP¥1.7tJP¥146.1bJP¥61.2b27.5x27.4x11.5x
Tue, 03 Oct 2023JP¥1.7tJP¥143.2bJP¥60.6b26.8x27.9x11.8x
Thu, 31 Aug 2023JP¥1.8tJP¥141.3bJP¥59.8b28.1x29.3x12.4x
Sat, 29 Jul 2023JP¥1.7tJP¥141.5bJP¥59.8b27.4x29x12.3x
Mon, 26 Jun 2023JP¥1.7tJP¥140.4bJP¥59.4b27.5x29x12.3x
Wed, 24 May 2023JP¥1.7tJP¥139.8bJP¥59.2b27.7x28.8x12.2x
Fri, 21 Apr 2023JP¥1.7tJP¥138.5bJP¥58.2b27.7x28.7x12x
Sun, 19 Mar 2023JP¥1.6tJP¥137.8bJP¥58.0b26.2x26.8x11.3x
Tue, 14 Feb 2023JP¥1.6tJP¥136.6bJP¥57.3b26.7x27.7x11.6x
Thu, 12 Jan 2023JP¥1.6tJP¥136.6bJP¥57.3b27.8x28.1x11.8x
Sat, 10 Dec 2022JP¥1.7tJP¥136.7bJP¥57.1b28.6x29.2x12.2x
Mon, 07 Nov 2022JP¥1.6tJP¥136.4bJP¥57.1b27.9x28.8x12.1x
Wed, 05 Oct 2022JP¥1.7tJP¥135.7bJP¥56.7b27.8x30.4x12.7x
Fri, 02 Sep 2022JP¥1.8tJP¥134.8bJP¥57.1b29.3x30.7x13x
Sun, 31 Jul 2022JP¥1.8tJP¥124.0bJP¥52.2b30x34x14.3x
Tue, 28 Jun 2022JP¥1.7tJP¥123.5bJP¥52.0b29.4x32.4x13.6x
Thu, 26 May 2022JP¥1.7tJP¥122.7bJP¥51.3b31.1x33x13.8x
Sat, 23 Apr 2022JP¥1.6tJP¥112.9bJP¥47.8b30.6x33.1x14x
Mon, 21 Mar 2022JP¥1.5tJP¥112.9bJP¥47.8b29.4x31.8x13.4x
Wed, 16 Feb 2022JP¥1.4tJP¥124.1bJP¥53.6b25.1x26.9x11.6x
Fri, 14 Jan 2022JP¥1.6tJP¥122.9bJP¥52.5b28.3x30.3x12.9x
Sun, 12 Dec 2021JP¥1.6tJP¥122.9bJP¥52.8b28.5x30x12.9x
Tue, 09 Nov 2021JP¥1.6tJP¥123.8bJP¥54.5b27x29.2x12.8x
Thu, 07 Oct 2021JP¥1.5tJP¥123.3bJP¥54.4b26.7x28.4x12.5x
Sat, 04 Sep 2021JP¥1.7tJP¥121.2bJP¥52.6b31.8x31.3x13.6x
Mon, 02 Aug 2021JP¥1.6tJP¥121.2bJP¥52.6b31.6x31x13.5x
Price to Earnings Ratio

31x


Total Market Cap: JP¥1.6tTotal Earnings: JP¥52.6bTotal Revenue: JP¥121.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Residential REITs Industry Price to Earnings3Y Average 28.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Japanese Residential REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 25.6x which is lower than its 3-year average PE of 28.9x.
  • The 3-year average PS ratio of 12.3x is higher than the industry's current PS ratio of 10.8x.
Past Earnings Growth
  • The earnings for companies in the Residential REITs industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Japanese Residential REITs compare with similar industries?

JP Market-5.18%
Real Estate-3.72%
REITS-2.34%
Residential REITs-1.50%
Specialized REITs0%
Retail REITs-1.43%
Office REITs-1.96%
Healthcare REITs-2.18%
Diversified REITs-2.34%
Industrial REITs-3.05%
Hotel and Resort REITs-4.89%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

3226

JP¥632,000.00

Nippon Accommodations Fund

7D

-1.7%

1Y

-6.4%

3269

JP¥313,500.00

Advance Residence Investment

7D

-1.7%

1Y

-10.0%

3459

JP¥105,100.00

Samty Residential Investment

7D

-0.8%

1Y

-10.1%

8986

JP¥101,000.00

Daiwa Securities Living Investment

7D

-0.5%

1Y

-12.3%

8979

JP¥193,500.00

Starts Proceed Investment

7D

-0.5%

1Y

-13.3%

3278

JP¥210,500.00

Kenedix Residential Next Investment

7D

-5.5%

1Y

-1.5%